🚨EURUSD will Go Down by Ascending Broadening Wedge Pattern🚨

6 May 2024

🏃‍♂️EURUSD is moving near the 🔴Resistance zone($1.0806-$1.0781)🔴.

📈According to Classical Technical Analysis, EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the chart.

Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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6 May 2024

İşlem aktif

7 May 2024

Not

The EUR has again reacted well to the 🔴Resistance zone($1.0806-$1.0781)🔴 and I still expect the EUR to drop to at least $1.072.

7 May 2024

Not

EURO should first break the Uptrend line and then wait for the Target($1.072).

8 May 2024

Not

EURO was able to break the uptrend line; you can risk-free your position or take profit; I choose RISK-FREE.

11 May 2024

Not

Running well, The analysis is valid as long as the resistance zone is not broken.